Fifteen Restaurant Limited (04338561): administration
- Status
- Administration ended
- Administration began
- 2019-05-21
- Administrators
- Mark Jeremy Orton, William James Wright
- Administrators' firm
- KPMG
- Formerly
- Cheeky Chops Limited
- Incorporated
- 2001-12-12
- Location
- London
- Industry
- 56101 Licenced restaurants
Why it went into administration
- Rising costs / inflation
- Competition / price pressure
From the administrators' statement
The Company was incorporated on 12 December 2001 and since 2002 it operated the ‘Fifteen’ restaurant in East London. The ultimate parent company is an associated entity, Jamie Oliver Food Foundation, a charitable company.
Historically, the Company managed a restaurant business as well as providing apprenticeships giving disadvantaged young people the opportunity to gain professional training in the restaurant industry.
The Company together with the wider Group were exposed to a number of well-documented challenges facing the UK casual dining market at present, including increasing competition and cost pressures.
Administrators' statement of proposals (2019-08-01) · Companies House register